regulatory
confidence high
sentiment negative
materiality 0.90
Vocodia receives Cboe delisting notice for bid price and equity/income non-compliance; hearing requested
Vocodia Holdings Corp
- Cboe notified Vocodia of intent to delist VHAI, VHAI+A, VHAI+B on June 24, 2024.
- Non-compliance: minimum bid price below $1.00 for 30 consecutive business days.
- Also failed to meet stockholders' equity ≥$2.5M, market value ≥$35M, or net income ≥$500K.
- Company requested a hearing; delisting stayed pending written decision from Hearings Panel.
- No assurance that the Hearings Panel will allow continued listing of securities.